[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.09.18 17:28
• [Zijin Mining Approved to Offer Guarantee for TAZARA Revitalisation Project]
• The board of directors of Zijin Mining has approved a guarantee of 348 million yuan, and the Tanzan Railway Activation Project plans to apply for a total loan of 6.9608 billion yuan. The project company has not yet started actual operations, and the guarantee has been implemented to promote the financing process. Some projects have already started in the early stage of the project. Editor/Min Jing

• 2026.09.18 17:25
• [China-Mongolia Power Grid Realizes First Network-To-Network Interconnection]
• On September 16, 2026, the China Mongolia power grid officially achieved cross-border interconnection between networks, and the project was included in the construction list of the China Mongolia Russia Economic Corridor. Both sides have overcome multiple technical challenges to ensure the electricity supply for Mongolia's industrial and mining sectors as well as people's livelihoods. They will also promote cross-border green power transactions and deepen energy cooperation between the two countries. Editor/Min Jing